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It is widely accepted that education opens many doorways in life. However, in a society that prides itself on it’s education system there seems to be a general lack of resource and knowledge surrounding financial matters.

In fact, a recent study from the Office for National Statistics has found that in UK the debt to income ratio for young people (18-24 year olds) was much higher* than that of all other age groups, with around 32% of young people reported having debt in 2012 to 2014. 16% of these felt that their debt was a heavy burden.

Thankfully on the whole this study shows a general improvement in the financial health of Britain’s young. Contributing to this shift are MoneyTalk’s guests this week Di & Debbie Domican, founders of the Dom Education Group (also known as Domeg).

Domeg begun its life in 2014 as an financial advisory service for young sports-people, and has since built on these beginnings and developed courses to suit everyone from primary school aged children through to those entering retirement.

Join Simon & Penny, along with Di & Debbie, as they discuss all this and more on Money Talk Friday at 1pm on Channel Radio.

Have an opinion you would like to share? Contact the show here, or on Twitter or Facebook ahead of time or on the day.

Unsure of your next financial move? Facts & Figures Financial Planners have 20 years+ experience in the financial industry, and offer a free-of-charge initial consultation. Find out more here.

*UK average being 0.15, whereas it is 0.40 for 18-24 year olds

Update:
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Simon, Deb, Di, & media student Rachel, from Domeg’s guest spot on the show.